A ________ Span of Control Creates a Flat Organization

question 74

Multiple Choice

A ________ span of control creates a flat organization.

• A)wide
• B)tall
• C)centralized
• D)formal
• E)narrow

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Definitions:

Consumers

Individuals or organizations that purchase goods or services for personal use or consumption.

Imperfect Information

A situation where all parties in an economic transaction do not have equal access to relevant information.

Marginal Benefit

Marginal benefit is the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Marginal Cost

The growth in complete costs incurred by manufacturing an additional unit of a product or service.